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Property profile & analytics
OFF-MARKET
Specialty properties

321 Southlake Blvd Southlake, TX 76092

3,000 SF Built 2009
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,000 square foot medical office building located at 321 W Southlake Blvd, Southlake, Texas 76092, within a medical condo association. The property, built in 2009, boasts a 100% occupancy rate with a strong, well-reviewed tenant under a 5-year absolute NNN lease featuring a 2% annual rent increase. The current Net Operating Income (NOI) is $93,000, yielding a 7.20% capitalization rate. The asking price is $1,292,000. Situated in a high-traffic area (43,000 vehicles per day) with affluent demographics (average household income $305,667 within one mile), this property offers significant long-term growth potential. The tenant, Curis Functional Health, provides a range of healthcare services, including chiropractic care, mental health counseling, and functional nutrition. The property's location within a medical retail plaza featuring dermatology, oral surgery, and orthodontics further enhances its desirability and stability. This passive investment opportunity offers embedded cash flow growth and a highly sought-after Southlake address. The tenant pays all condo association fees.

Property profile
Verified
Property type Specialty properties
Year built 2009
Total area 3,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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